Transaction function of firm

Yevgeniy Popov ()

Economy of region, 2007, vol. 1, issue 4, 143 - 152

Abstract: Article is devoted to development of analytical representation of the transaction function, allowing to predict development institutional environments of managing subjects. Treatments transaction costs, used in the modern economic theory are analyzed, principal causes of their occurrence are opened. The basic dependences transaction costs from parameters of economic systems are allocated. The conclusion about the importance of development of analytical representation transaction functions for forecasting development institutional environments of managing subjects is formulated.

Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ura:ecregj:v:1:y:2007:i:4:p:143-152

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